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By Modest Steve Brown | Friday 9 September 2016
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Well maybe not all the way down but at least all the way down to 1646m TVDSS. Hurricane (HUR) has announced the results of its 205/21a-7 well and Robert Trice has to be really delighted with what they have found, not just PR delighted, They have proved mobile oil down to 1646m TVDSS about 240m below structural closure. This is really significant and I reckon using my trusty slide rule that could support an oil in place of about 1.3 billion bbls.
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